Senci Electric (China) Market Value
| 603109 Stock | 15.65 0.01 0.06% |
| Symbol | Senci |
Senci Electric 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Senci Electric's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Senci Electric.
| 07/17/2023 |
| 12/08/2024 |
If you would invest 0.00 in Senci Electric on July 17, 2023 and sell it all today you would earn a total of 0.00 from holding Senci Electric Machinery or generate 0.0% return on investment in Senci Electric over 510 days. Senci Electric is related to or competes with Kontour (Xian), Shenzhen Glory, Guangzhou Boji, Dook Media, Shuhua Sports, Allgens Medical, and Lander Sports. More
Senci Electric Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Senci Electric's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Senci Electric Machinery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.03 | |||
| Information Ratio | 0.1097 | |||
| Maximum Drawdown | 19.05 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 7.57 |
Senci Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Senci Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Senci Electric's standard deviation. In reality, there are many statistical measures that can use Senci Electric historical prices to predict the future Senci Electric's volatility.| Risk Adjusted Performance | 0.1239 | |||
| Jensen Alpha | 0.4101 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1075 | |||
| Treynor Ratio | 1.3 |
Senci Electric Machinery Backtested Returns
Senci Electric appears to be not too volatile, given 3 months investment horizon. Senci Electric Machinery owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Senci Electric Machinery, which you can use to evaluate the volatility of the company. Please review Senci Electric's Coefficient Of Variation of 636.21, semi deviation of 2.35, and Risk Adjusted Performance of 0.1239 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Senci Electric holds a performance score of 12. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Senci Electric's returns are expected to increase less than the market. However, during the bear market, the loss of holding Senci Electric is expected to be smaller as well. Please check Senci Electric's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Senci Electric's existing price patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Senci Electric Machinery has poor predictability. Overlapping area represents the amount of predictability between Senci Electric time series from 17th of July 2023 to 28th of March 2024 and 28th of March 2024 to 8th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Senci Electric Machinery price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Senci Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1.89 |
Senci Electric Machinery lagged returns against current returns
Autocorrelation, which is Senci Electric stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Senci Electric's stock expected returns. We can calculate the autocorrelation of Senci Electric returns to help us make a trade decision. For example, suppose you find that Senci Electric has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Senci Electric regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Senci Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Senci Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Senci Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Senci Electric Lagged Returns
When evaluating Senci Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Senci Electric stock have on its future price. Senci Electric autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Senci Electric autocorrelation shows the relationship between Senci Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Senci Electric Machinery.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Senci Stock
Senci Electric financial ratios help investors to determine whether Senci Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Senci with respect to the benefits of owning Senci Electric security.